English Abstract: Today, globally operating business world is exposed to constant change processes. Reengineering is the driving force that helps companies, business and manufacturing organizations to achieve success in the new millennium that is full of challenges, risks, information explosion,...

The paper considers MMM, one of the world’s most famous financial pyramids, that worked during the last decade of the 20th century. The author shows that financial pyramids were not the result of the transition process. They have been a regular fenomenon in the most developed economies (The...